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Mega Precious Metals Inc MPRXF



GREY:MPRXF - Post by User

Comment by threepalmson Feb 22, 2012 12:44pm
155 Views
Post# 19567349

RE: RE: Headways

RE: RE: Headways

Another factor might be the following.

Gold producers are making a fortune these days and their cash positions continue to grow and acquisitions are being considered as they fight for position in the effort to replace resources.

Mega must be on the radar of some of these companies.

We have nearly 5 million ozs now MI and Inferred and the potentially much more as drilling continues.

If Headway hits we could easily become a takeover target.

Therefore advancing the other 2 projects as much as possible prior to a Headway hit might ensure that shareholders get a fair offer if it comes to that situation.

all in my opinion.

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